News

Insurance

Lloyd’s plots cyber wording end-game; deadlines loom

Phase-outs of non-compliant covers and rules on affirmative deals clear the slate by 2025.   14 May 2024

Reinsurance

BMS Re expands MGA business capacity by 40% with a slew of hires

Talent from Aon and Swiss joins BMS’ MGA ProLink following ‘substantial growth’.   9 May 2024

Reinsurance

Fidelis to lean into attractive lines for growth after large losses dent profits

The specialty re/insurer with a new Lloyd’s syndicate grew its top line by 21.6%.   10 May 2024

Risk Management

A novel approach to managing the risks of high-cost pharmaceutical therapies

Steve Gerst and Stas Samarin of PayRx explore the challenges and solutions.   13 May 2024

Reinsurance

Front Street Re plans expansion in North America with new CEO hire

The appointee worked at Converge Re, and spent majority of his career in Toronto at Manulife Financial.   10 May 2024

Insurance

Liberty Mutual returns to Q1 underwriting gain; trims every loss metric

Reinsurance and commercial property lead growth to balance retreat in personal lines.   10 May 2024

Reinsurance

Hamilton joins the chorus: reinsurer solidarity will last the mid-years

Incremental capital may flow to the market, but chiefly chasing higher limits.   9 May 2024

Insurance

Aurora partners with AXA on new management liability offering

New offering covers D&O, employment practices and corporate legal liability.   10 May 2024

Reinsurance

TWIA will close $6.5bn tower within days, adds $900m cat bonds for ‘24

The $6.5bn target required $4.05bn in total reinsurance, an 80% increase on the prior year.   8 May 2024

Reinsurance

Aussie cyclone pool ARPC does the trick: premiums down, success rates up

Homeowner quotes came down double digit across three of five segregated risk groups.   9 May 2024

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